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The role of European feeder vehicles, in particular the London-based ones, in the Bernie Madoff scam requires a comprehensive investigation, Harry Markopolos, the whistleblower credited with unearthing the $60bn (€44.5bn) Ponzi scheme, has said, according to a report in The Independent on Sunday.

However, Markopolos remained sceptical over the outcome of any such probe, saying too many influential figures would “end up being done for tax evasion”.